GUILD WINERIES & DISTILLERIES v. LAND DYNAMICS

Docket No. 40425.

103 Cal.App.3d 966 (1980)

GUILD WINERIES AND DISTILLERIES, Plaintiff and Appellant, v. LAND DYNAMICS, Defendant and Respondent.

Court of Appeals of California, First District, Division Four.

March 31, 1980.


Attorney(s) appearing for the Case

COUNSEL

Godfrey L. Munter, Jr., Robert W. Martin, Gary T. Day, Martin, Munter & Keegin, Martin & Munter and Duane W. Dresser for Plaintiff and Appellant.

Crossland, Crossland, Caswell & Bell, Caswell, Bell & Sullivan and James M. Bell for Defendant and Respondent.


OPINION

CHRISTIAN, J.

Guild Wineries and Distilleries appeals from a judgment for respondent Land Dynamics in this action brought by appellant to enforce respondent's obligations as the surety on a continuing guaranty.

In November 1972, appellant granted to respondent an option to purchase for $875,000 a business entity called the Kingsburg Winery, comprising real and personal property. The option was assignable, but the agreement...

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